Motor and Generator Manufacturing – 2024 U.S. Market Research Report

Publish Date: March 2024

This 63-page market research report provides a comprehensive analysis on the $16.4 billion motor and generator manufacturing industry in the US. The report has over 100 industry statistical data sets with historicals (2015-2023), trend analysis, and forecasts for 2023 and the next 5 years. The data is sourced from extensive business surveys completed annually by companies in the motor and generator manufacturing industry.

This report has the in-depth industry insights you are looking for as it covers revenue & cost trends, 26 expense categories, dozens of financial metrics, forecasts on 100+ data sets, inventory trends & analysis, composition of balance sheets, segmentation by business size and structure, competitive intensity analysis, material costs analysis, profitability analysis, state metrics analysis, plant productivity benchmarks, employee role analysis, inflation trend benchmarks, employee pay analysis, in-depth productivity analysis, and much more.

Motor and Generator Manufacturing Report

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Report Format

The 2024 U.S. Motor and Generator Manufacturing Industry Market Research Report is 63 pages of deep insights into the trends, dynamics, and forecasts shaping the industry. Professionals leverage this report to develop a deep factual understanding of the market for strategic planning, forecasting, cost reduction initiatives, understanding industry dynamics, growth initiatives, financial benchmarking, plant productivity, market evaluation, valuations, organizational streamlining, sales & marketing analysis, productivity benchmarking, operational streamlining, profitability analysis, and much more.

Below are a few page images from the report and check out the table of contents for a complete overview.

motor and generator manufacturing market size chart

Operating expense chart for motor and generator manufacturing

Motor and Generator Manufacturing Profit

motor and generator manufacturing BCG Matrix

Motor and Generator Manufacturing Factory Capacity Utilization Trend

Motor and Generator Manufacturing Organizational Breakdown Chart

Industry Definition

This U.S. industry includes companies primarily engaged in manufacturing electric motors (except internal combustion engine starting motors), power generators (except battery charging alternators for internal combustion engines), and motor generator sets (except turbine generator set units). This industry includes companies rewinding armatures on a factory basis.

NAICS Code: 335312

Total # of Companies: 370

Total # of Factories / Facilities: 439

Industry Employees: 33,225

Market Size: $16.4 billion

Product Lines Covered

Integral horsepower motors and generators other than for land transportation equipment (rated at 746 watts or more) (excluding hermetics)
Fractional horsepower motors (rated at less than 746 watts) (excluding hermetics)
Prime mover generator sets, excluding steam and hydraulic turbine
Integral motor generator sets and other rotating equipment (including hermetics)
Fractional motor generator sets and other rotating equipment (including hermetics)
Parts and supplies for motors, generators, generator sets, and other rotating equipment, excluding motors for built-in jobs
Land transportation motors, generators, and control equipment (excluding parts)
Motor and generator manufacturing, nsk, total
Armature rewinding on a factory basis

Table of Contents

Explore the below table of contents of the Motor and Generator Manufacturing Industry Report to appreciate why thousands of professionals, bankers, consultants, accountants, and other executives rely on Kentley Insights for data-rich industry insights.

1-2 – Report Overview & Contents

3 – Industry Overview
– Data Sources & Methodology
– Sector Definition & Examples

4 – Report Synopsis – Revenue & Growth

5 – Report Synopsis – Costs & Profitability


7 – Market Size Details
– Industry Revenues, Companies, & Facilities
– Analysis 2015-2023
– 2024 & 2028 Forecasts

8 – Growth Benchmarks
– Sales per Company and Plant
– Analysis 2015-2023
– 2024 & 2028 Forecasts

9 – Product Lines Revenue

10 – BCG Matrix – Income vs. Revenue Growth

11 – Total Industry Sales by Month & Year (2019-2023)

12 – Inventory Value by Month & Year (2019-2023)

13 – Months of Inventory (2019-2023)

14 – Sector Revenue by Segments
– Business Concentration, Size, & Structure

15 – Market Size by State
– Market Size and Rankings

16 – Market Size as a % of State GDP

17 – Industry Sales as a % of State Manufacturing

18 – Industry Segmentation by Business Size

19 – Industry Segmentation by Business Size
– Business Size Segments – 1-4, 5-9, 10-20, 21-50, 51-100, 101-250, & 250+ employees
– Companies, Facilities, Sales, Employees & Payroll

20 – Industry Segmentation by Concentration (Top 50 Companies)
– Concentration Segments – Top 4, 5-8, 9-20, & 21-50 companies
– Companies, Facilities, Sales, Employees & Payroll

21 – Industry Market Share of Top 50 Companies

22 – Subsector Market Share of Top 50 Companies

23 – Industry Segmentation by Business Structure
– Business Structure Segments – C-Corporations, S-Corporations, Partnerships, & Sole Proprietorships
– Companies, Facilities, Sales, Employees & Payroll

24 – Revenue per Company by State

25 – Revenue per Company by Segments

26 – Revenue per Facility by State

27 – Revenue per Facility by Segment

28 – Subsector Market Size & Growth

29 – Subsector Sales per Company & Plant

30 – 5-Year Consolidation Analysis

31 – Employment Consolidation Analysis

32 – Subsector Consolidation Analysis
– Number of Companies & Facilities

33 – Subsector Consolidation Analysis
– Facilities & Employees per Company


35 – Profitability & Financial Ratio Analysis

Page 36 – Balance Sheet Metrics
– Assets and Liabilities indexed to industry revenue at 100
– 16 Current & Non-Current Assets Categories
– 15 Short-term, Long-term Liabilities, & Net Worth

37 – OPEX
– Industry OPEX Analysis
– 2015-2023 Trends, 2024 & 2028 Forecasts

38 – OPEX by Company & Plant
– OPEX per Company & Plant
– 2015-2023 Trends, 2024 & 2028 Forecasts

Page 39 – OPEX Detail
– 6 Employee Expense Categories
– 8 Cost of Material Categories
– 6 Buildings and Equipment Categories
– 8 Other Operating Expense Categories
-Inventory Breakdown: finished goods, work-in-progress, materials and supplies

40 – Production Material Costs
– Top Production Material Costs Breakdown
– % of Total Production Material Cost

41 – Producer Pricing Index
– 2015-2023 Trends, 2024 & 2028 Forecasts
– Monthly PPI Figures for the Past 4 Years

42 – Plant Utilization & Hours
– Plant Utilization Rate
– Plant Operational Hours per Week
– 2020-2023 Historical Figures by Quarter

43 – Reasons for Non-Full Production
– 7 Categories Quarterly Survey Results for Past 2 Years

44 – Productivity & Industry Employment
– Revenue per Employee
– Total Industry Employees
– Employees per Company
– 2015-2023 Trends, 2024 & 2028 Forecasts

45 – Employee Productivity by Segments

46 – Employee Productivity by State

47 –Subsector Sales & Payroll per Employee

48 – Industry Payroll
– Payroll per Employee, Company, & Plant
– 2015-2023 Trends, 2024 & 2028 Forecasts

49 – Payroll per Company by Segments

50 – Payroll per Plant by Segments

51 – Payroll per Employee by Segments

52 – Payroll per Employee by State

53 – Employee Composition
– % of Employees for 27 Job Categories

54 – Job Categorization Pay Ranges
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%

55 – Top 20 Jobs Breakdown

56 – Top 20 Jobs Pay
– Pay Bands

57 – Employees per Company by Segments

58 – Employees per Plant by Segments

59 – Facilities per Company by Segments

60 – Total Employment by State

61 – Population to Every Employee by State

62 – Employees per Facility by State

63 – Overview of Kentley Insights

Data Sources & Forecast Methodology

The data source for the report is extensive annual expense, revenue, wage, operational, and economic surveys administered by federal and private institutions and filled out by a majority of companies in the motor and generator manufacturing industry. Our forecasts take into account historical trends, industry dynamics, and our macroeconomic projections.

Sample Report Download

Click on the image to download a full sample report. The 2024 Motor and Generator Manufacturing Market Research Report has the same format and data sets.

Wood Kitchen Cabinet Countertop Manufacturing Report

Report Details

Report: Motor and Generator Manufacturing Industry Market Research Report

Number of Pages: 63

Format: PDF

Price: $295

Support Contact:
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Call us at 1-800-613-3611

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Industry Jobs Analyzed

Electrical, Electronics, and Electromechanical Assemblers
Miscellaneous Assemblers and Fabricators
Electrical and Electronics Engineers
First-Line Supervisors of Production and Operating Workers
Engineering Technicians, Except Drafters
Inspectors, Testers, Sorters, Samplers, and Weighers
Mechanical Engineers
Sales Representatives, Wholesale and Manufacturing
Industrial Engineers, Including Health and Safety
Welding, Soldering, and Brazing Workers
Laborers and Material Movers, Hand
General and Operations Managers
Engine and Other Machine Assemblers
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic
Miscellaneous Production Workers
Buyers and Purchasing Agents
Architectural and Engineering Managers

Material Cost Categories

Electric motors, generators, and parts
Cost of all other materials and components, parts, containers, and supplies consumed
Gas engines (excluding aircraft, automobile, and marine); diesel, semidiesel; and piston-type natural gas engines, and parts
Materials, ingredients, containers, and supplies, nsk
Semiconductors, including transistors, diodes, rectifiers, and integrated circuits for electronic circuitry, and related devices
Metal forgings
Misc. fabricated metal products (excluding hardware, containers, screw machine, bearing components, castings, forgings, and wire)
Misc. iron, steel, and ferroalloy ingot, shapes, and forms (excluding castings, forgings, bars, structural, wire, sheet, strip)
Copper and copper-base alloy wire products
Iron and steel castings
Aluminum and aluminum-base alloy ingot, pig, shot and wire
Antifriction bearing components and parts (balls, rollers, cages, collars, races, etc.)
Nonferrous metal castings (excluding aluminum and aluminum-based alloy)
Electrical industrial capacitors, resistors, rheostats, and coil windings
Ceramic magnets (ferrite)

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